Chappie73
New Member

Tax due goes up the more expenses I enter

I have a rental property that was rented for 7 months of 2023.  As I enter each expense (advertising, maintenance, repairs, supplies, and utilities), my tax due increases.  For science, I entered expenses into Form E manually, taking my $2,288 Income to a $7,000 loss and my tax due went up even more.  This makes no sense.